McLeod Software Buys New Headquarters
Transportation software provider McLeod Software purchased a building in Birmingham, Ala., for its new headquarters and plans to move in by the summer of 2018, the company announced.
December 5, 2017Soaring Global Freight Costs Expected to Squeeze Traders, Boost Food Prices
It’s getting more expensive to transport commodities around the world, threatening to squeeze profits for global traders and raise food prices.
December 5, 2017US Trade Deficit Is Widest Since January
The U.S. trade deficit widened in October to a nine-month high on record imports that reflect steady domestic demand, Commerce Department data showed Dec. 5.
December 5, 2017EPA Urged Not to Repeal Rule Regulating Glider Truck Emissions
Dozens of representatives for trucking trade associations, health and environmental nonprofits, private citizens, truck dealers and manufacturers on Dec. 4 urged the U.S. Environmental Protection Agency not to repeal a provision in the 2016 Obama administration Phase 2 greenhouse gas reduction rule to regulate emissions requirements for glider kits.
December 4, 2017Daseke Adds Three More Trucking Fleets
Daseke Inc. will end the year with the same frenetic pace it began 2017 after announcing that three new carriers will join its conglomerate of trucking companies, bringing the number of new additions to seven since Jan. 1.
December 4, 2017Diesel Dips 0.4¢ to $2.922 a Gallon
The U.S. average retail price of diesel dipped 0.4 cent to $2.922 a gallon as oil prices also slipped as domestic and foreign producers squared off over how to manage production.
December 4, 2017C&J Energy Buys O-Tex to Expand Oil-Field Services
Oil-field services provider C&J Energy Services completed its acquisition of O-Tex Holdings, a provider of oil-field cementing services in West Texas.
December 4, 2017Former Swift CFO Ginnie Henkels Joins Viad Board
Virginia “Ginnie” Henkels, Swift Transportation’s former chief financial officer, has landed a new post on the board of directors at Viad Corp., which serves the live event and travel industries.
December 4, 2017Simplified Hires Logistics Veteran as CFO
Simplified Logistics, a transportation management service company, hired Sheila Taylor, who has experience in the third-party logistics and less-than-truckload sectors, to be its chief financial officer.
December 4, 2017Shipping Billionaires are in a High Seas ‘Arms Race’
A shopping spree by two billionaires is shaking up a shipping industry still recovering from years of falling rates and overcapacity.
December 4, 2017